Interesting article at CNBC. Monaco, Hong Kong, & London are the most expensive prime markets in the world, priced at 17, 20, and 22 square metres for U.S. $1 M. New York City ranked as most expensive U.S. city, with $1 million buying 27 square metres (290 square feet). Some notable values include Berlin and Tokyo at 96 and 83 square metres per $1 M, respectively. Florida’s prime market of Miami is a global value at 77 square metres per $1 M. Best value for prime markets in world are found in Cape Town, South Africa and Sao Paulo, Brazil, at 255 and 203 square metres for U.S. $1 M.
Here is original article: What $1 Million Buys You in Global Market
